Followers | 45 |
Posts | 7114 |
Boards Moderated | 0 |
Alias Born | 07/18/2020 |
Saturday, December 12, 2020 4:02:35 PM
In Seila, I think Thomas and Gorsuch said basically, the Statute is unconstitutional and instead of navel gazing as to what the US Congress would want to fix it, amend it, or rewrite it, our job as the Judicial Branch is to declare it UNCONSTITUTIONAL and let the Branch of government that writes laws, come up with the solution that fixes it.
But the majority in Seila are realists as well and the USSCT kinda realizes that ruling DoddFrank UNCONSTITUTIONAL and void would create havoc in the biz world, not to mention all the federal agencies that were folded into cfpb would NO LONGER EXIST!
Here, you just have the gses and like 13 fhlbb banks, and I think Kthomp said they would revert back to ofheo if HERA was ruled UNCONSTITUTIONAL and voided in its entirety. YG just told me on Yahoo that somehow that could result in an instant undercapitalization determination by ofheo and here comes possible r/s, but I doubt that would happen, and the warrants, net worth Swipe, and fhfa would be gone, but then we may find ourselves with a Democratic Senate and they could pass a law that in essence NATIONALIZED them.
Of course SCOTUS can pretty much do what they want here, one possible outcome, scalpel to get rid of "for cause", pencil in "at will" and give Plaintiffs remedy of:
(1) invalidation of 3rd amendment net worth Swipe and
(2) maybe throw in invalidation of the 1st and 2nd amendments or do some type of remedy to stop this insane, abusive and coercive governmental 12+ year conservatorship.
North Bay Resources Announces Mt. Vernon Gold Mine Startup, Sierra County, California • NBRI • Aug 5, 2024 9:00 AM
Fifty 1 Labs, Inc. and All-In-Extracts Announce Joint Venture to Develop and Release New Testosterone Boosting Supplement • BLEG • Aug 5, 2024 8:30 AM
Kona Gold Beverages, Inc. Announces Strategic Initiatives and Corporate Direction Changes • KGKG • Aug 2, 2024 2:00 PM
POET and Luxshare Tech Expand Product Offerings for Artificial Intelligence Networks • POET • Aug 1, 2024 9:28 AM
Management Discusses Financial Filings of Global Arena Holding Inc., for 10-K 2023 and 10-Q, 1st Quarter 2024 • GAHC • Aug 1, 2024 9:14 AM
VAYK Announces LOI to Acquire $1 Million Home Service Company to Support Airbnb Business • VAYK • Aug 1, 2024 9:00 AM